Posted by jakey_bakey 10/25/2024
Somehow I doubt that.
Hilarious way to change it to something acceptable
(Plus 30-60 minutes of online filing each year to declare no income/dormancy/no corporation tax liability etc.)
There is no requirement to be a UK resident. You just need an address in the country it is registered in, to receive post. People often use a PO Box or an accountant's office. NB they do send important documents to this address so you have to be able to receive post. Many accounting firms offer this as a service, including international forwarding
You also have to pay to file the statement of accounts which I believe is also around the £13 a year mark. No taxes etc as the company doesn't generated any activity that is taxable
Only downside is the paperwork, and small fees. You can have an accountant handle everything if you want to pay more.
I'll add that to my very long list of things that have gone up way more than 4.3%
Similarly wrong, some people are under the impression that limited liability companies don't exist in Europe, and if you fail with your business, you personally become liable and unemployable and bankrupt.
I kind of admire the confidence and positivity it gives them. It has its benefits. But being on the receiving end of the ego and boisterousness kinda sucks
Ah, so fortunately Companies House themselves weren't affected by this, but they believe some of their customers who use that data have garbage security.